By Howard Schneider

Global central bankers, stuck at zero, unite in plea for help from governments

By Howard Schneider JACKSON HOLE, Wyo. (Reuters) - Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to...

Sunday, August 28, 2016, 6:05 PM

Global central bankers, stuck at zero, unite in plea for help from governments

By Howard Schneider JACKSON HOLE, Wyo. (Reuters) - Central bankers in charge of the vast bulk of the world's economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their...

Sunday, August 28, 2016, 3:27 AM

Schooled in the short run, central banks struggle with a long-term role

By Howard Schneider JACKSON HOLE, Wyo. (Reuters) - Schooled in economic thinking that confines monetary policy to the short run, central bankers gathering in Jackson Hole, Wyoming, are grappling with a singular change: whether they can take over as guardians of...

Friday, August 26, 2016, 5:34 PM

Schooled in the short run, central banks struggle with a long-term role

By Howard Schneider JACKSON HOLE, Wyo. (Reuters) - Schooled in economic thinking that confines monetary policy to the short run, central bankers gathering in Jackson Hole, Wyoming, are grappling with a...

Friday, August 26, 2016, 5:29 PM

Away from spotlight, U.S. manufacturers battle back from 'China shock'

By Howard Schneider HICKORY, North Carolina (Reuters) - As furniture makers left Hickory and headed to China at the start of the century, the local community college shuttered its courses in furniture production, abandoning an industry that had sustained...

Friday, August 5, 2016, 10:51 PM

Away from spotlight, U.S. manufacturers battle back from 'China shock'

By Howard Schneider HICKORY, North Carolina (Reuters) - As furniture makers left Hickory and headed to China at the start of the century, the local community college shuttered its courses in furniture production, abandoning an industry that had sustained...

Friday, August 5, 2016, 10:51 PM

Away from spotlight, U.S. manufacturers battle back from 'China shock'

By Howard Schneider HICKORY, North Carolina (Reuters) - As furniture makers left Hickory and headed to China at the start of the century, the local community college shuttered its courses in furniture production, abandoning an industry that had sustained...

Thursday, August 4, 2016, 9:00 PM

Away from spotlight, U.S. manufacturers battle back from 'China shock'

By Howard Schneider HICKORY, North Carolina (Reuters) - As furniture makers left Hickory and headed to China at the start of the century, the local community college shuttered its courses in furniture production, abandoning an industry that had sustained...

Thursday, August 4, 2016, 9:00 PM

Fed's Lockhart: Don't count on quick 'return to normal'

By Howard Schneider VICTOR, Idaho (Reuters) - Dennis Lockhart became president of the Federal Reserve Bank of Atlanta in early 2007, with the economy still enjoying the steady growth and low unemployment of the "great moderation" and the U.S. central bank...

Friday, July 15, 2016, 12:41 PM

Fed's Lockhart: Don't count on quick 'return to normal'

By Howard Schneider VICTOR, Idaho (Reuters) - Dennis Lockhart became president of the Federal Reserve Bank of Atlanta in early 2007, with the economy still enjoying the steady growth and low unemployment of the "great moderation" and the U.S. central bank...

Friday, July 15, 2016, 12:41 PM

Fed's Lockhart: Brexit, uncertainty, require patience on rates

By Howard Schneider VICTOR, Idaho (Reuters) - The U.S. Federal Reserve should remain "cautious and patient" with any future interest rate increases as the fallout from the recent Brexit vote becomes clear, Atlanta Fed President Dennis Lockhart said on Thursday,...

Thursday, July 14, 2016, 11:20 AM

Fed's Lockhart: Brexit, uncertainty, require patience on rates

By Howard Schneider VICTOR, Idaho (Reuters) - The U.S. Federal Reserve should remain "cautious and patient" with any future interest rate increases as the fallout from the recent Brexit vote becomes clear, Atlanta Fed President Dennis Lockhart said on Thursday,...

Thursday, July 14, 2016, 11:20 AM

Fed's Bullard sticks with single U.S. interest rate hike view

By Howard Schneider ST. LOUIS (Reuters) - The Federal Reserve should be in no rush to raise U.S. interest rates despite a surge in June hiring, St. Louis Fed President James Bullard said on Tuesday, sticking with his view that the central bank may need only a...

Tuesday, July 12, 2016, 9:37 AM

Fed's Bullard sticks with single U.S. interest rate hike view

By Howard Schneider ST. LOUIS (Reuters) - The Federal Reserve should be in no rush to raise U.S. interest rates despite a surge in June hiring, St. Louis Fed President James Bullard said on Tuesday, sticking with his view that the central bank may need only a...

Tuesday, July 12, 2016, 9:37 AM

Brexit a knockout punch to Fed's interest rate divergence mantra

By Howard Schneider WASHINGTON (Reuters) - Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound...

Friday, June 24, 2016, 11:33 PM

Brexit a knockout punch to Fed's interest rate divergence mantra

By Howard Schneider WASHINGTON (Reuters) - Britain's shock vote to leave the European Union may tie the U.S. Federal Reserve to near zero interest rates for far longer than expected, according to new research indicating the U.S. central bank is now tightly bound...

Friday, June 24, 2016, 11:33 PM

Fed's Yellen acknowledges difficulty of escaping world's low rate grip

By Howard Schneider WASHINGTON (Reuters) - Evidence that the U.S. neutral rate of interest remains stalled near zero spurred the Federal Reserve to slow its expected pace of rate hikes on Wednesday, as policymakers signaled their hands may be tied until...

Thursday, June 16, 2016, 4:24 AM

Fed's Yellen acknowledges difficulty of escaping world's low rate grip

By Howard Schneider WASHINGTON (Reuters) - Evidence that the U.S. neutral rate of interest remains stalled near zero spurred the Federal Reserve to slow its expected pace of rate hikes on Wednesday, as policymakers signaled their hands may be tied until...

Thursday, June 16, 2016, 4:24 AM

Fed faces battle to escape world's low interest rate grip

By Howard Schneider WASHINGTON (Reuters) - Evidence that the U.S. neutral rate of interest remains stalled near zero may slow Federal Reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or other forces...

Wednesday, June 15, 2016, 4:44 AM

Fed faces battle to escape world's low interest rate grip

By Howard Schneider WASHINGTON (Reuters) - Evidence that the U.S. neutral rate of interest remains stalled near zero may slow Federal Reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or other forces...

Wednesday, June 15, 2016, 4:44 AM